Elon Musk Takes Donald Trump's Advice: 'Don't Leave Them A Thing'

Elon Musk, father of nine, doesn’t plan to leave his multi-billion-dollar businesses to his children, nor any voting shares in his companies when he dies, something former President Donald Trump suggested was an option at a rally last year.

In fact, in a recent interview, Musk said he believed automatically making children successors to businesses was a mistake. Musk’s views fall in line with other business moguls such as Steve Jobs and Warren Buffett, but are in contrast to the beliefs of Fox Corp’s Rupert Murdoch, who plans to let his children fight for ownership of his media empire upon his death.

While the average American parent doesn’t have millions or billions to leave their children, Trump who got his start in real estate from his inheritance, like Musk, doesn’t believe it’s a requirement to leave children anything.

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Trump’s Advice To Parents: Earlier this year, while delivering remarks on his America First Education Policy in Iowa, Trump let the mothers and fathers in his crowd — and anyone thinking of having children in the future — know they aren’t required to leave their children anything when they die.

“If you don’t like your kids that much or if you don’t like them at all, which happens on occasion, don’t leave them a thing,” Trump said.

Reminding the crowd of the Tax Cuts and Jobs Act signed into law on Dec. 22, 2017, which he continues to misleadingly say “eliminated the unfair estate tax or death tax,” Trump, whose family real estate firm was found guilty on Dec. 6, 2022 of tax evasion, went on to ask the crowd if they liked their kids.

“Does anybody in here not like their children?” Trump said to hecklers from the crowd, adding “Oh be careful! Oh! We gotta be careful with that. The problem is the fake news media is gonna report that as fact, you know that. You’re gonna have a lot of explaining to do.”

Some elements of this story were previously reported by Benzinga and it has been updated.

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